Retirement Financial Plan
When planning for lifetime income sufficiency, your Retirement Cash Needs, Living Expenses, Investment Income, and Monthly Cash Inflows all form the critical pieces of a very intricate retirement financial puzzle. All of the pieces must fit tightly together in a well-coordinated plan to ensure the sustainability of sufficient monthly cash withdrawals over your lifetime.
As the first all important component of The LFG Retirement Wealth Management SystemSM, your Retirement Financial Plan becomes the blueprint that guides all financial and investment decisions to ensure the optimal use of your resources. The highly experienced, credentialed team (CFP, CPA, CFA) of advisors of Lynch Financial Group employs an innovative planning process in developing a Retirement Financial Plan tailored completely to your specific needs, goals and circumstances.
LFG Steps to Developing a Retirement Financial Plan
Discovery – Obtain pertinent financial information through a client questionnaire, personal interviews, key financial documents, and a full review of recent tax returns.
Analyze – Utilizing leading edge planning software, prepare financial projections and analyze probabilities of achieving retirement goals under various scenarios.
Finalize – Through a series of client meetings, revise financial projections as needed, develop the blue print, make initial investment portfolio decisions and finalize the Retirement Financial Plan.
Execute – Implement the financial and investment decisions made in connection with the final Retirement Financial Plan, including establishing investment accounts and constructing the investment portfolio.
Monitor and Modify – The Retirement Financial Plan and investment portfolio are constantly monitored, and through bi-annual client meetings and regular communications, they are modified as needed based on changing circumstances.